Open a Cyprus company —from anywhere.
How non-residents form a Cyprus company — without flying in
Four steps, all online. The paperwork happens in Cyprus; you don't have to.
Order online, from any country
The order form takes a few minutes and works from wherever you are. No visit to Cyprus, no appointments on the island — everything happens remotely.
We prepare and submit the paperwork
Sumly prepares all the registry paperwork and submits it to the Cyprus Registrar of Companies — no chasing forms across time zones.
Follow the live status from abroad
Your dashboard shows the registration status live, so you always know exactly where things stand — whatever your time zone.
Your books open the day you order
Cyprus lets a company deduct expenses incurred up to 6 months before establishment — so Sumly starts your books the day you order formation, before the company exists. Book your first expenses from abroad, before the registration is approved.
Living in Cyprus already?See company formation — same fixed fee, same guarantee
Forming from abroad: Sumly vs. a law firm
A formation agent hands you a certificate and says goodbye; Sumly starts your books the day you order and is still there for every VAT deadline after.
Order your formation — from anywhere
A few details and we take it from there — you follow the registration status live from your dashboard, wherever you are.
Non-resident questions, answered
Can a foreigner own 100% of a Cyprus company?
Cyprus company ownership is open to foreigners, and non-resident founders are a normal part of how companies here get formed. The right structure for your case is confirmed as part of the paperwork we prepare — and if the company isn't approved, the 100% approval guarantee refunds every euro.
Do I need to be a Cyprus resident to open a company?
No — you don't need to live in Cyprus to order a formation with Sumly. The process runs entirely online: you order from wherever you are, we prepare and submit the registry paperwork, and you follow the live status from your dashboard. No visit needed.
Do I need a local director?
It depends on how you want the company set up and run — a full guide to directors and residency is on its way. Mention your situation in the order form and we'll flag anything that needs a closer look before we submit.
Can non-EU citizens order a formation?
Yes — the formation service is open to non-EU citizens, and the process is the same fully-online one. One honest boundary: the Formation + Yellow Slip package is for EU citizens starting a business in Cyprus only, so residence assistance isn't part of a non-EU order.
Will my company be tax resident in Cyprus if I live abroad?
Speak to a tax advisor before relying on any short answer here — broadly, corporate tax residency depends on where the company is managed and controlled, not just where it's registered. Living abroad makes this worth mapping out early, with someone who knows your full picture.
Can a non-resident open a Cyprus business bank account?
Banks decide account openings themselves, and we won't promise an outcome — a full guide to business bank accounts in Cyprus is coming. Once your account exists, Sumly plugs straight into it: Live, read-only open-banking feeds from the banks Cyprus businesses actually use — Bank of Cyprus, Hellenic Bank, Alpha Bank, Eurobank, Revolut Business, Wise and more. Read-only means Sumly can never move your money.
Can I run the books from outside Cyprus?
Yes — Sumly runs in the browser, so the books live wherever you are. Its AI reads your documents, does the bookkeeping and reconciles your bank, then prepares your VAT, VIES and tax returns — you review and file them. Distance changes nothing.
Form my company — 100% approved or your money back.
One fixed fee, fully online, from anywhere — and your books open the day you order.